Commitments

AIG CEO to Stay On

AIG CEO Robert Benmosche isn’t going anywhere: He has signed a non-compete agreement—a sign he’s planning on staying on top at the troubled insurer. The price tag? $7 million: $3 million in salary and $4 million in stock. Benmosche had told the board in recent weeks that he was tempted to quit after Obama’s pay czar slashed his executives’ salaries, but then reversed himself in a letter to employees saying he was “totally committed” to the company.